Custom Writing Help For You!

Special Discounts Offers! 20-30% Off!

Posted: October 16th, 2020

MOL 5130: Strategic Thinking

Read this week’s assigned reading reflection articles in HBR 10 Must Reads on Strategy and summarize either article using 400-600 words (no more and no less). Each entry should have:

at least one particularly insightful and relevant quotation/citation/reference (QCR) of 6-30 words (no more and no less) from the article and
at least one particularly insightful and relevant quotation/citation/reference (QCR) of 6-30 words (no more and no less) from another reputable source.

Quotations/citations/references should be cited using APA 6th edition writing style requirements NOTE: You should also use at least half your words to connect and apply the readings to your real-world experience. (Citation-level APA Requirements).
Here are some notes on reputable sources:

Great: Drawn from journals and reputable sources like HBR
Good: Materials from well-recognized magazines and papers such as Forbes, Wall Street Journal, TIME, etc.
Adequate: From most magazines or websites
Poor: Old or obscure sources
Not acceptable: Crowd-sourced sources such as Wikipedia

Select Create Thread to post your summary reading reflection and submit on or before the due date.
Make sure to:

Include appropriate quotation/citation/references
At least half of your reflection words should be related to applications in your world
Include the word count at the bottom of your reflection and response
Post text. DO NOT POST an attached word.doc

https://paporetooblog.files.wordpress.com/2016/03/10must-reads.pdf
_____________________
Article Summary: “What is Strategy?” by Michael Porter

In “What is Strategy?”, Michael Porter addresses the common misconception that operational effectiveness and strategy are the same thing. While operational effectiveness is necessary to keep a company competitive, it is not sufficient to achieve long-term success. Instead, companies must have a unique and sustainable strategy that sets them apart from competitors.

Porter argues that a company’s strategy should involve making trade-offs, such as choosing to focus on a particular market or segment and forgoing others. He also emphasizes the importance of fit, where the company’s activities and resources are aligned to support the chosen strategy.

One particularly insightful quote from the article is, “A company can outperform rivals only if it can establish a difference that it can preserve. It must deliver greater value to customers or create comparable value at a lower cost, or do both.”

Porter’s ideas have been widely influential in the business world, and many companies have used his framework to develop their own strategies. However, some critics have argued that his approach is too focused on competition and doesn’t take into account broader societal impacts.

In my own experience working in marketing, I have seen the importance of developing a unique and differentiated strategy. For example, when launching a new product or service, it’s not enough to simply copy what competitors are doing. Instead, we must identify the unique value proposition that we can offer and communicate that to our target audience. By doing so, we can create a strong brand identity and gain a competitive advantage.

Tags: , ,

Order for this Paper or similar Answer/Assignment Writing Service

Place your order by filling a guided instructions form in 3 easy steps.

Why choose our Study Bay Services?

Like every student, Focusing on achieving the best grades is our main goal

Top Essay Writers

We have carefully cultivated a team of exceptional academic writers, each with specialized expertise in particular subject areas and a proven track record of research writing excellence. Our writers undergo rigorous screening and evaluation to ensure they hold relevant advanced degrees and demonstrate mastery of English grammar, citation style, and research methodology. Recent projects completed by our writers include research papers on topics such as sustainable energy policy, cognitive behavioral therapy, and molecular genetics.

Student-Based Prices

We prioritize attracting highly skilled writers through competitive pay and strive to offer the most cost-effective services for students. References from recent years include surveys of customer satisfaction with online writing services conducted by the American Customer Satisfaction Index between 2018 to 2022, demonstrating our commitment to balancing affordable costs with high standards of work through positive reviews and retention of expert writers.

100% Plagiarism-Free

We guarantee 100% original and plagiarism-free final work through a thorough scanning of every draft copy using advanced plagiarism detection software before release, ensuring authentic and high-quality content for our valued customers. To note, we also do not generate assignment content with AI tool, thus you a guaranteed 0% similarity index for your final research paper.

How it works

When you decide to place an order with Study Pro Essay, here is what happens:

Complete the Order Form

You will complete our order form, filling in all of the fields and giving us as much detail as possible.

Assignment of Writer

We analyze your order and match it with a writer who has the unique qualifications to complete it, and he begins from scratch.

Order in Production and Delivered

You and,the support and your writer communicate directly during the process, and, once you receive the final draft, you either approve it or ask for revisions.

Giving us Feedback (and other options)

We want to know how your experience went. You can read other clients’ testimonials too. And among many options, you can choose a favorite writer.